Bank Operations Reconcilement Specialist; Bailment Services

Thank you for your interest in a career  Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

At Regions, the Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers.

Primary Responsibilities

• Prepares daily and weekly reports to review all incoming transfers
• Ensures all open items are prioritized and reviewed
• Ensures all queries are logged and up to date in the appropriate systems
• Clarifies payment details to ensure appropriate funds allocation
• Notifies appropriate parties of non-receipts/rejections
• Takes corrective action on incorrect payments to reduce potential risk
• Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School Diploma or GED

Preferences

• Related banking or operations experience

Skills and Competencies

• Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
• Ability to work in a fast-paced environment
• General knowledge of banking procedures
• Proficiency in Microsoft Office (Excel, Word, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

Strongly Preferred:

• Reconciliation & Excel Experience

Please note: Proximity to Hoover, AL required. This position also requires a minimum of three days working in the office.

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum: $36,500.00 USD

50th Percentile: $41,790.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.